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How Much Does A Home Security System Cost?

Home Security Tips Security Cameras Security Systems Budget Tips Aug 13, 2020 3:30:00 PM General Security 6 min read

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When purchasing a home security system, price and budget will always be top of mind. Deciding whether to add accompanying technologies beyond a basic alarm system is yet another factor. These could include central station monitoring, security cameras, fire and life safety equipment, and smart home systems.

Protecting your loved ones and property should never be taken lightly. Therefore, it’s best to seek guidance from a reputable services provider when choosing a home security system. They can advise on necessary equipment, special features, and the best protection package for your budget and lifestyle. 

Below, we’ll discuss specific pricing and installation options, equipment packages, smart home features, and more.



Cost

The exact cost of a home security system depends upon a wide range of variables centered around your specific needs. Basic alarm systems include a panel/keypad, three to six window contacts and a motion sensor, while higher-end models feature multiple security cameras, health and safety components, remote check-ins, and smart home automation. 

No matter which you ultimately choose, they are integral to thwarting crimes and safeguarding your home and family. 

According to home security resource hub Alarms.org, “Homes without a security system are 300% more likely to be burglarized.”

 

Monitoring

Adding central station monitoring versus self-monitoring is a personal decision. While the latter minimizes associated costs, it doesn’t provide real-time, automatic emergency response alerts, which could prove invaluable. 

Utilizing a security provider’s central station monitoring system immediately connects your home to law enforcement should you experience a break-in or other emergency situation. Combining this with mobile alerts ensures someone is always watching out for your home.

With self-monitoring, you can still receive mobile alerts. However, unlike central station monitoring, the homeowner or designated administrator would need to manually respond from their device.

 

Equipment

Read the fine print when reviewing your contract. Some companies will advertise special pricing, only to tack on hidden fees. If a package or monthly fee seems too good to be true, it probably is.

Most basic alarm system brands cost about the same. You’ll pay more for upgrades, such as indoor, outdoor, and doorbell cameras; smart home automation; additional motion sensors; and other technologies.

 

Cameras

Quantity and camera type will increase costs. So will additional features and functions. You’ll pay more for higher resolution cameras, zoom-in capabilities, and video analytics

Unlike wireless security cameras, a wired option comprises more complex installation—which could incur higher charges. Both are suitable, depending on your needs, camera placement, and budget. 

 

Fire & Life Safety

Smoke alarms, carbon monoxide detectors, flood sensors, and low-temperature sensors provide additional protection for your loved ones and property. Plan on spending an additional $300 to $700, depending on residence size.

 

Motion & Glass Break Sensors

Most standard alarm packages include one motion sensor. Larger, multi-floor spaces require additional devices for intrusion detection. Motion sensors send an alert to your alarm control panel when movement is detected. 

Situated on or near vulnerable first-floor windows, glass break sensors provide increased protection against smash-and-grab crimes. 

 

Installation

You can either enlist professionals, or go Do-It-Yourself (DIY). The latter removes added costs, while the former provides expert knowledge and guidance.

Experienced providers can recommend the best placements for your alarm’s motion sensors, window and door contacts, and security cameras. They also employ best practices, to prevent intruders from tampering and bypassing these devices. 

Depending on the issue, General Security does offer some DIY technical support for customers. 

 

Packages

Choosing the best security package is dependent on the various aforementioned elements. When working with a renowned provider such as General Security, note the following package features, add-ons, price ranges, and pros and cons. 

 

Basic Security (SMART SYSTEM)

This includes protection for front and side doors, and vulnerable first-floor windows. Motion sensors can be positioned in the home’s crossroads area, for added safety.

Note the following standard equipment:

  • Panel/Keypad
  • Three to Six Window Contacts 
  • One Motion Sensor

Pros

  • Sufficient Break-In Protection
  • Mobile Arm/Disarm Feature

Cons

  • Motion Sensors Only Provide Protection When System Is Armed Away
  • Doesn’t Provide Complete Window Coverage
  • Extra Charge for Life & Safety Features 

Cost

  • No Charge With Monthly Fee & Five-Year Agreement
  • Additional Cost for Intrusion Protection, Life & Safety, & Smart Home Features 

Advanced Security System (SMARTER SYSTEM)

Includes all Basic Security Package items, plus added security components, and smart home features such as:

  • Door Locks
  • Lights 
  • Thermostats
  • Sprinkler Controls
  • Smart Outlets & Bulbs
  • Real-Time Notifications & Video Analytics

Pros

  • Automation 
  • Money- & Energy-Saving Capabilities
  • Mobile Device Viewing & Alerts

Cons

  • Additional Financial Investment

Cost

  • $300 to $800, Plus $40 to $50 Monthly Fee

 

Premier Security System (SMARTEST SYSTEM)

This highest level solution includes both aforementioned packages, and indoor, outdoor, and doorbell cameras.

Pros

  • Video Analytics Software & Accompanying Capabilities
  • Remote Viewing & Specific Notification Targets

Cons

  • Increased Fees

Cost

  • Between $1,200 & $3,000; $50 Monthly Fee & Five-Year Agreement
  • Indoor/Outdoor Cameras: Additional $300 Per Camera & $45 to $55 Monthly Fee
  • Doorbell Cameras: Additional $200

 

Compatibility

Look for a system that integrates among multiple manufacturers. This provides added functionality, ease of use, cost savings, and seamless upgrades and expansions. 

Contracts & Payments

Read the fine print when reviewing your contract. Some companies will advertise special pricing, only to tack on hidden fees. If a package or monthly fee seems too good to be true, it probably is.


Weighing the Best Options

 It’s best to work with a versatile and reputable provider, such as General Security. We offer customized pricing rates, packages, and solutions specifically designed to meet your needs and protect your home and loved ones.

 


General Security provides homeowners reliable, effective security systems to safeguard loved ones and property. Request a free, contactless quote from us today.